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Foxtons confirm that Croydon is a property hotspot

Leading estate agent, Foxtons, have confirmed that Croydon has consolidated its positions of being the go-to place for first-time buyers.

Thanks to an impressive cultural and musical scene, the borough has developed its own unique atmosphere and style that’s currently drawing in hundreds of young Londoners.

When you’re planning on buying a property, there are so many questions to ask, yet location tops the list.

The savvy buyer is looking for an area that will see prices increase, those who are family-minded will want to know that there are good schools and amenities and the hard-working 25-year-old will want to feel assured that there are plenty of entertainment choices.

Thankfully, Croydon can offer all of the above and this has been confirmed by Foxton’s local managers.

Many have even referred to Croydon as being the new Shoreditch, yet it really has put its own stamp on the London landscape. Tech entrepreneurs have made the area their home, taking advantage of modern and versatile working spaces, low costs and a business-minded atmosphere that runs through the ethos of the newly discovered Croydon.

In addition, Croydon is superbly connected to central London, allowing for a more relaxed commute.

Furthermore, an ongoing regeneration programme following an investment of £5.25 billion has attracted even more interest to the area, with a brand new Westfield shopping centre due to open in 2020.

The great news for buyers is that we specialise in building stunning, yet affordable apartments and studios in areas such as Croydon.